AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 4 Sep - Board approved secretarial auditor appointment for five years and fixed AGM on September 30, 2026.
Source: Bse
Artemis Electricals and Projects Limited (AEPL)
Small CapIndustrials stocks · Small cap · NSE
Artemis Electricals and Projects Limited operates in Power Systems, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 04:59 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
43NeutralSMA20 -4.7% / mo · MACD −
Stock trend: 39
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
AEPLD candles · FIT view-21.5%Latest close ₹14.92 on 2026-10-19
Daily history is available from 2026-03-12; the requested 1Y window is partially covered.
Bar
+2.1%
RSI
44
MACD hist
-0.02
52W pos
24%
2026-10-19O ₹14.62H ₹15.48L ₹14.62C ₹14.92Vol 19,555 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
AEPLNifty India ManufacturingNifty 500
- AEPL
- -6.3%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -0.8 pp
Chart stats
19 Oct 2026- From 52W high
- -26.3%
- 52W range position
- 24%
- ATR (14)
- 6.6%
- Volume vs 20D
- 0.86x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹14.3 - ₹17
₹20.3
₹13.3 - ₹20.3
₹1
Latest completed session
20-session average
32.7% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST37
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -17.6% · PAT -3.0% YoY
Technical
Neutral43
Price trend and sector-relative-strength timing.
Valuation
Legacy model-11.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence74
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -18% YoY · PAT -3% YoY · margin expansion · operating leverage
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹16.3 Cr | -17.6% | -60.1% |
| EBITDA | ₹2.2 Cr | -0.9% | -48.1% |
| Operating margin | 13.5% | +227 bps | +310 bps |
| PAT | ₹1.3 Cr | -3.0% | -58.5% |
| PAT margin | 7.8% | +118 bps | +30 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 43.50
- P/B
- 3.98
- EV/EBITDA
- 27.87
- Market Cap
- 377.00Cr
Profitability
- ROE
- 9.65%
- ROCE
- 12.90%
- ROA
- 6.09%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 22.00%
- EPS 5Y
- 22.00%
- Revenue 3Y
- 11.00%
- EPS 3Y
- 12.00%
Balance Sheet
- Debt/Equity
- 0.02
- Interest Coverage
- 69.06×
- Altman Z
- 6.51
- Book Value
- 3.77
Cash Flow
- FCF Yield
- 3.72%
- FCF Positive Y
- 4/5
- OCF
- 14.61 Cr
- EPS TTM
- 0.34
Shareholding
- Promoter Hold
- 72.45%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 15%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 80.6+11.3% vs prev
Net Profit
₹ CrLatest: 8.7+15.2% vs prev
Return on Equity
%Latest: 9.2+4.7% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 44. Wait for confirmation.
- SMA20 falling (~4.9% over last month) — short-term momentum negative.
- RSI(14) at 44 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 26% off 52W high · 13% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
38
RS percentile
Insufficient history
1M return
-6.3%
3M return
-6.3%
6M return
-21.5%
1Y return
-
RS 1D
+4
RS 20D
-11
Sector rank
#2
Industry rank
#25
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
leading
Industry
weakening
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
150 observations
19 Oct 2026Value 81.49+1.72%
RS vs Nifty 50081
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth12/25
Quality3/20
Balance Sheet11/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
-2
Raw sum
37
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
37/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 3.7%.
- Piotroski is strong at 8/9.
- Cash flow contributes 8/10 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Fair-value margin of safety is negative at -11.7%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
43.5
PB
4.0
EV/EBITDA
27.9
ROE
9.7%
ROCE
12.9%
FCF Yield
3.7%
Debt/Equity
0.0
MoS
-11.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
37
Previous: 37
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-11.7%
Previous: -11.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
37
37
37
37
37
37
37
37
37
37
37
37
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹5.37
-177.8% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹13.36
-11.7% MoS
PEG
2.42
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
EXICOM
Small
Exicom Tele-Systems Limited
Electronics Manufacturing Services
match 116
14
—
-40.8%
—
OVERVALUED
CYBERTECH
Small
Cybertech Systems And Software Limited
Electronics Manufacturing Services
match 9
47
13.3
12.8%
-7%
FAIR VALUE
HCL-INSYS
Small
HCL Infosystems Limited
Electronics Manufacturing Services
match 8
19
—
—
—
OVERVALUED
DRCSYSTEMS
Small
DRC Systems India Limited
Electronics Manufacturing Services
match 4
65
8.8
22.6%
+51%
UNDERVALUED
JISLDVREQS
Small
Jain Irrigation Systems Limited
Electronics Manufacturing Services
match 2
33
—
—
+96%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Artemis Electricals and Projects Limited operates in Power Systems, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
74Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 75th percentile of the scored universe and 73rd percentile within Industrials. Main check: results consistency is weak at 24/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
6 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
75th percentile
overall median 67 · Industrials: 73rd pctile, median 68 · Small: 77th pctile, median 66
Evidence depth
Financial-only
6 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
76
strong · capital discipline
Results
24
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 72.5%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.2%.
- ▸4 years of positive FCF.
Trust risks
- ▸1/4 latest quarters had positive YoY PAT growth.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
- ▸OPM spread across recent quarters is 23.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Artemis Electricals and Projects Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Newspaper Advertisement publication of standalone and consolidated unaudited financial results for the quarter ended 30th June, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 9 Jun - Members approved regularization of Dharmendra Kumar Jain and Dhruti Harsh Satia as independent directors for five years.
Source: Bse
Announcement
Outcome Of Board Meeting Held On 28 May, 2026. 28 May
Source: Bse
Announcement
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 5 May
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.